International Graphite (ASX:IG6)

International Graphite Funding Deal with Comet Resources a Win-Win, Report Says

International Graphite’s (ASX:IG6) $1.5-million funding deal with major shareholder Comet Resources (ASX:CRL) resulted in a surge in IG6’s shares on March 13. The loan agreement was undertaken to address market speculation on the security of Comet’s shares in IG6, according to a news report from The West Australian.

Management says the strategic funding transaction will prevent the potential sell down of any of the 40 million International Graphite shares owned by Comet – which delisted from the ASX in January – when they are released from escrow next month,” the report said.

The funding deal included giving International Graphite a majority seat on the Comet board, as IG6 management has called the deal a win-win for shareholders.



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Australian battery graphite from mine-to-market

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NextSource Pens Graphite Deal with Mitsubishi​ as US Tightens Grip on Sector

NextSource Materials (TSX:NEXT,OTCQB:NSRCF) announced that it has signed a multi-year offtake agreement with Mitsubishi Chemical Corporation (MCC), furthering its bid to become a vertically integrated graphite supplier for the North American electric vehicle (EV) market.

Under the agreement, NextSource will supply approximately 9,000 metric tons per year of intermediate anode active material (AAM) to MCC’s plant in Japan.

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NextSource Materials

NextSource Materials Executes Binding Offtake Agreement with Mitsubishi Chemical Corporation to Supply SuperFlake Graphite Anode Material for the North American EV Market

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) (NextSource or the Company) and Mitsubishi Chemical Corporation (MCC), Japan's largest chemical company and a leading supplier of anode active material (AAM) to original automotive equipment manufacturers (OEMs), have entered into a binding, multi-year offtake agreement (the Offtake Agreement). Under the terms of the Offtake Agreement, NextSource and MCC have partnered to supply AAM to a major OEM for the North American EV market. NextSource will produce and supply intermediate AAM to MCC's Japan plant where MCC will produce final AAM for the OEM's EV battery cell manufacturing facilities in North America.

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US Slaps 93.5 Percent Tariff on Chinese Graphite

The US government has imposed a 93.5 percent anti-dumping tariff on battery-grade graphite imports from China, targeting what officials have described as unfairly low-priced shipments.

They claim domestic producers have been undercut, and have cited concerns over critical minerals dependence.

The US Department of Commerce announced the duty on Thursday (July 17) after an investigation prompted by from US manufacturers, who argued that Chinese producers were flooding the market with underpriced graphite.

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australian flag in court room.

Queensland Recognizes Graphinex’s Esmeralda Graphite Project

The Queensland Government is fast-tracking private company Graphinex’s Esmeralda graphite project with a Coordinated Project declaration.

In a July 11 statement, the government said that the declaration forms part of the Crisafulli Government’s move to partner with private companies and boost job-creating projects in Queensland.

“De-risking the delivery of projects like this through whole-of-government approval coordination is supporting more Queensland investment and creating more well-paying Queensland resource jobs,” commented Deputy Premier and Minister for State Development, Infrastructure, Local Government and Planning Jarrod Blejie.

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Glowing graphite molecules.

ASX Graphite Stocks: 5 Biggest Companies in 2025

Graphite isn’t just used for pencils — it's also a key lithium-ion battery component due to its high conductivity and quick-charging capacity.

This means the graphite sector could experience tailwinds from rising demand for electric vehicles and energy storage systems in the coming years.

Australian investors searching for ways to get exposure to the graphite industry can look to the ASX, which is home to a slew of companies focused on the graphite market.

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